Thursday, June 7, 2007

Outsourcing in the Asset Management Industry

A number of factors are converging to prompt asset management firms to leverage services globalization. The need to cut costs associated with new products and geographies, erratic equities market, globalization and increasingly demanding clients and stringent regulations mean that asset management companies must overhaul their operations, says neoIT, and leveraging services globalization optimally will be high on the list of solutions. The report also provides an in-depth view of the services best suited for globalization and actions that clients and vendors should take to benefit from Services Globalization.